Honduras has secured USD135 million in loan from the Inter-American Development Bank to fund its efforts to modernize Puerto Cortes, dubbed as Central America’s biggest port. The money will be used to create a space for a new container terminal and future port expansion by dredging the port basin and slips and using the dredged material to reclaim land from the sea.
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About the author
Eliza Villarino
Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.
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